PhD
Finance
The Finance group at MIT Sloan delves into the study of markets for real and financial assets, emphasizing the practical applications of modern financial theory widely adopted by Wall Street and corporations. Students gain a robust understanding of foundational theories and acquire the tools necessary for conducting both theoretical and applied research. After completing coursework in microeconomics and macroeconomics, students tailor their research programs with faculty guidance, often contributing to and expanding on faculty research. Notable faculty members include Hui Chen, whose research intersects asset pricing and corporate finance; Deborah Lucas, known for her work on public sector financial management; and Maryam Farboodi, who explores the economics of big data and its impact on financial markets.
Research from Finance Faculty
MIT researchers studied 16 million election-related AI responses. They found chatbots are 'sensitive to steering,' raising questions about LLMs' neutrality
Assistant professor Chara Podimata co-authored a recent study of LLMs during the 2024 election season. "Moving forward this research (and the methodology we propose) should become a staple of every election happening in the US," she said. "We need to know what information these models are giving, how they are calibrating their responses to different users, and what the models actually 'believe.'" (Source: Tech Brew)
When managing your team becomes too much
"It's the role of leaders to say no to good ideas," said professor Nelson P. Repenning, co-author of the book, "There's Got to Be a Better Way: How to Deliver Results and Get Rid of the Stuff That Gets in the Way of Real Work." "There's good evidence that most teams take on too much and that overload is self-inflicted."
Why is it so hard to delegate?
In a recent Harvard Business Review opinion piece, referenced in this article, senior lecturer Elsbeth Johnsonwrote: "Leaders too often find themselves mired in the details of their teams, with debilitating consequences." She then outlined four challenges.
Is your job safe from AI? We asked an expert
IDE digital fellow Matt Beane said: "There will be jobs lost because of AI, just as there have been with many other previous technologies. But the number of jobs lost is going to be a rounding error compared to the number of jobs changed."
Select Finance Faculty
Full-Time Faculty

Paul Asquith
Gordon Y Billard Professor of Finance
Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management. Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including…
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Hui Chen
Nomura Professor of Finance
Hui Chen is the Nomura Professor of Finance and a Professor of Finance at the MIT Sloan School of Management. His research focuses on asset pricing and its connections with corporate finance. Chen is particularly interested in the interactions…
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Taha Choukhmane
Albert F. (1942) & Jeanne P. Clear Career Development Assistant Professor in Global Management
Taha Choukhmane is an Assistant Professor of Finance at the MIT Sloan School of Management. He was most recently a postdoctoral fellow at the National Bureau of Economic Research. His research interests lie at the intersection of household finance…
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John C. Cox
Nomura Professor of Finance, Emeritus
John Cox is the Nomura Professor of Finance, Emeritus at the MIT Sloan School of Management. A leading authority on corporate finance and finance theory, Cox has developed an inter-temporal financial model broad enough to include the fundamental…
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